The Qullamaggie name is commonly used online for a momentum-oriented swing-trading playbook associated with Kristjan Kullamägi’s public educational material. This article describes broad ideas discussed around that playbook; it is not an official ruleset, endorsement, or performance claim.
The transferable lesson is process discipline: define a narrow universe, use repeatable setup definitions, wait for observable confirmation, size from invalidation, and preserve the option to do nothing.
Start With a Filtered Universe
Momentum playbooks generally begin with liquid stocks showing unusual strength, a material catalyst, or a sustained trend. That filter reduces the number of charts under review, but it does not make the remaining names safe or likely to continue. Liquidity, spreads, event risk, and the broader market still matter.
Continuation Breakouts
A continuation pattern describes a prior advance followed by a tighter consolidation. The review focuses on whether the range is becoming more orderly, whether participation changes during the pause, and where the pattern would be invalidated. A break above the range is evidence of movement, not proof of a durable trend; failed breaks are part of the distribution.
Catalyst-Driven Pivots
An episodic-pivot style setup begins with new company information and a substantial repricing. The work is to verify the catalyst, observe liquidity and price response, and decide whether a later consolidation offers a definable risk point. The catalyst can attract attention without creating follow-through, and the initial gap can reverse.
Parabolic or Exhaustion Patterns
Some versions of the playbook also discuss short setups after unusually rapid advances. Short selling adds borrow availability, recall, squeeze, gap, and theoretically unlimited-loss risk. A chart that looks extended can continue rising. This category requires separate testing and tighter operational controls; it should not be treated as the mirror image of a long setup.
Risk Is Part of the Setup
A usable setup definition includes the entry condition, invalidation point, maximum loss budget, and a plan for gaps or poor fills. Share count should be calculated from the loss budget and per-share risk, then reduced when liquidity, correlation, or event risk requires it. Moving the invalidation point after entry changes the original plan.
Test Definitions, Not Stories
Terms such as “strong stock,” “tight flag,” and “clean breakout” are too subjective for review until they are translated into observable rules. Historical examples selected after the fact can hide failures. Keep the full candidate set, include transaction costs and delisted names where relevant, and separate exploratory research from live decision-making.
How MAC Terminal Relates
MAC Terminal does not reproduce or certify a third party’s private methodology, and it does not scan the market for these setups. The Market Map shows which themes are running against SPY and the names inside each, and the Cockpit lists each hot theme’s names with their average daily range and their distance from the 20-day high. A member can set entry and stop levels by hand, or take the chart’s opening-range plan during the session: an entry above the first five-minute high and a stop at the day’s low, with the stop’s distance shown in average daily ranges and an exit stated in words (sell a third after three to five days and move the stop to breakeven, then exit the rest on a close below the 10-day average). Those levels follow a public description of this style of trading; MAC Terminal applies them by fixed rules, which is not evidence that they work, and it has not shown that they do. Guardrails and Journal support planning and review. None of those surfaces turns a named playbook into a recommendation.
Educational only. Named strategies can be interpreted differently, historical patterns can fail, and no public playbook guarantees a profitable result. Define and test your own rules before risking capital.